6 The table below uses data for the year 2003 provided by the Bureauof Labor Statistics and adjusted to be comparable to U.S. data. Allvalues are in thousands. Fill in the blank entries in the table.Adult Laboropulation Force Employed Unemployed62,5103,5002,577CountryJapan 109,474FranceLabor-ForceUnemployment articipationRateRate46,870Germany 70,159 39,5919.6957.41

The labour force participation rates is calculated as the labour force divided by the total…

The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table. Labor-Force Unemployment articipation Rate Adult Labor Country Population Force Employed Unemployed Rate Japan 109,474 62,510 3,500 France 2,577 46,870 Germany 70,159 19,591 9.69 57.41

The table below uses data for the year 2003 provided by the Bureau of Labor Statistics and adjusted to be comparable to U.S. data. All values are in thousands. Fill in the blank entries in the table. Labor-Force Unemployment articipation Rate Adult Labor Country Population Force Employed Unemployed Rate Japan 109,474 62,510 3,500 France 2,577 46,870 Germany 70,159 19,591 9.69 57.41

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....

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Similar questions

What is frictional unemployment? Give examples of frictional unemployment.
If you an? out of school but working part time, are you considered employed or unemployed in U.S. labor statistics? If you are a full time student and working 12 hours a week at the college cafeteria are you considered employed or not in the labor force? If you are a senior citizen who is collecting social security and a pension and working as a greater at Wal-Mart are you considered employed or not in the labor force?
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Below is a chart showing the Labor Force Participation rate for 15-64 year olds in the U.S. vs. Japan (called the 'Activity Rate' in the OECD data). Based on this chart, answer the questions below: FRED Actvity hate Aged 158 AN Persans r the thot Stanos Actvity RateAged 15 AN Persans for Apar 22 2002 2004 2006 010 2012 20 Sdng areas ndicale US recessioHIS Source Orgazation for Economc Co operaion and Develpment med souisled.org a) How could these trends in thé US & Japanese Labor Force Participation (LFP) rates impact per capita real GDP growth rates in their respective countries (i.e. in the U.S & in Japan)? Are there any factors which could mitigate the impact of these LFP trends on growth? b) What factors are likely to impact the trends in U.S. and Japanese LFP in the next year? Over the next 10 years?
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1) Consider the following labour market data.Adult Population 150Not in Labour Force 50Unemployed 30Calculate the number of employed, the labour force, the percentage of people not in the labour force, the rate ofunemployment, and the labour force participation rate.
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